The City of Melbourne will increase rates and charges but the council’s draft budget delays a promised return to surplus for another two years, recording a $17.1 million deficit.
The City of Melbourne is not cutting back on its expenses, pushing on with $60 million for the Queen Victoria Market renewal project and $17 million for the first stage of the Greenline Project.
One of the biggest forecast increases is the council’s maintenance budget, which is pitched to jump 50 per cent from $16.3 million last year to $24.6 million this year.
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